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IDBI Equity Advantage Fund Direct Payout of Income Distribution cum Cap wdrl

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30.100 (0.100%)
NAV on July 28, 2023
Category Equity:
ELSS (Tax Savings)
Investment StyleBox
Large Growth
Total Assets 485 cr
Turnover Ratio 259.11%
Expense Ratio 1.21%
Exit Load -
Returns
  • 1M: 3.22%
  • 1Y: 18.36%
  • 3M: 9.97%
  • 3Y: 22.04%
  • 6M: 15.81%
  • 5Y: 11.12%
Min Investment 500
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ADDITIONAL INFO
Fund Manager
ISIN INF397L01ED4
Fund Family IDBI
P/E Ratio 25.91
P/B Ratio 3.80
Launch Date September 10, 2013
Benchmark IISL Nifty 500 TR INR
ASSET ALLOCATION
EQUITY DISTRIBUTION
RISK MEASURES (3 yrs)
vs IISL Nifty 500 TR INR

Alpha -1.66
Beta 0.89
R-Squared 87.75
Info Ratio -0.90
Tracking Err 5.15
Sortino 2.268
Sharpe 1.148
Std Dev 13.925
Risk Average
SECTOR WEIGHTINGS (%)
Financial 35.11%
Industrial 16.37%
Technology 11.44%
Basic Materials 18.53%
Consumer Cyclical 7.85%
Utilities Services 0.0%
Healthcare Services 1.92%
Energy Services 5.04%
Communication Services 1.19%
Consumer Defensive 2.56%
Real Estate 0.00%
INVESTMENT OBJECTIVE

The Scheme will seek to invest predominantly in a diversified portfolio of equity and equity related instruments with the objective to provide investors with opportunities for capital appreciation and income along with the benefit of income-tax deduction(under section 80C of the Income-tax Act, 1961) on their investments. Investments in this scheme would be subject to a statutory lock-in of 3 years from the date of allotment to be eligible for income-tax benefits under Section 80C. There can be no assurance that the investment objective under the scheme will be realized.

This fund may declare and pay out a dividend to you on a periodic basis, but only when it has the profits to do so.

View Factsheet
Top Elss (Tax Savings) Funds
NAME LATEST
NAV		 RETURNS
1y       		FUND
ASSETS 		EXPENSE
RATIO		 RISK
Sbi
SBI Long Term Equity Fund Direct Growth
418.294 61.76% 21,976 cr 0.96% Above Average
Boi axa
Bank of India ELSS Tax Saver Fund Direct Plan Growth
182.600 56.93% 1,210 cr 1.19% High
Dsp
DSP ELSS Tax Saver Fund Direct Plan Growth
130.740 45.29% 14,076 cr 0.79% Average
Kotak
Kotak ELSS Tax Saver-Scheme-Growth - Direct
123.879 41.53% 5,295 cr 0.56% Below Average
Ppfas
Parag Parikh ELSS Tax Saver Fund Direct Growth
28.684 33.11% 3,175 cr 0.69% Low
L t mutual fund
HSBC ELSS Tax saver Fund Direct Plan Growth Option
125.050 45.03% 3,674 cr 1.12% Average
Top Arbitrage Fund Funds
NAME LATEST
NAV		 RETURNS
1y       		FUND
ASSETS 		EXPENSE
RATIO		 RISK
Quant
Quant ELSS Tax Saver Growth Option Direct Plan
414.108 60.79% 8,342 cr 0.76% High


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